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Dec 7, 2012 10:00pm PST
companies around the rest of the world but government who is are doing major subsidies notably china subsidizing not just land but subsidizing capital finding framework where there's all kinds of built-in incentives. we can't compete on that basis can we? >> nor should we. i have a great quote that said the problem with america is not that it needs to be more like china. the problem with america is that it needs to be more like america. the reality is we used to have a bipartisan tradition from alexander hamilton, calvin coolidge to ronald reagan who said when it comes to manufacturing base we don't want gross subsidies but practical things, government investment in technology, skilled workforce the right tax incentives, and we're losing that. so we ought to recognize that there is a role, always has been a role in government. not the chinese role but the american role and get back to the basics. >> gavin: andy grove in the final moments, you sat down with andy and he made the case and you made it subtling in i beginning. if you lose your manufacturing you lose your r & d, your desig
Search Results 0 to 0 of about 1